Berkshire Hathaway Specialty Insurance (BHS) is expanding into the UK property construction insurance market and has appointed Simeon Seamer to lead as head of property construction, UK & Ireland from the firm’s London office.
Alongside property construction, BHSI’s UK expansion looks set to offer a range of products including Contractors’ All Risks (CAR) insurance, as well as liability and professional indemnity coverages.
Chris Colahan, head of UK and Europe, BHS said: “With the current uncertainty surrounding available capacity for the construction industry in London, BHSI is pleased to provide a stable, reliable solution,”
“We enter the property construction market with substantial capacity backed by stellar financial strength, BHSI’s long-view market commitment, and the expertise of Simeon to lead our growing team.”
Seamer joins BHSI with almost 20 years’ experience in the construction (re)insurance industry. He most recently served as EMEA head of construction & senior underwriter at SCOR Global P&C.
Before that he was senior construction underwriter at Zurich Global Corporate UK.
BHSI’s construction team for the UK and Ireland also includes James Emson, vice president of casualty, who joins BHSI from QBE in Hong Kong, and Farhad Dabestani, senior underwriter, professional indemnity, who comes to BHSI from Axa XL.